APPM to place bonds worth RUR1.5 bln before the end of April; coupon expected at 9.5-10%
April 4, 2006 Interfax
OOO APPM-Invest (subsidiary of Arkhangelsk Pulp and Paper Mill) plans to issue 3-series bonds worth RUR1.5 bln in the end of April, according to GAzprombank, the issue arranger.
Gazprombank expects the first coupon rate to be 9.5-10% p.a.
Federal Financial Markets Service registered the issue on March 28 (reg. Number 4-03-36039-R).
The bonds of RUR1,000 par will be sold in public offering on MICEX. Maturity is 5 years.
Issue — APPM-Invest, 03
Country of riskRussia
Redemption (put/call option)
М/S&P/F— / — / —
Company — APPM-Invest
Full nameLLC APPM-Invest
IndustryTimber and paper&pulp industry